Government Nominates Oil Industry Insider to Lead Petrobras

José Mauro Coelho is the current chairman of the board of directors of PPSA


The Ministry of Mines and Energy appointed José Mauro Ferreira Coelho this Wednesday (6th) to chair Petrobras and Márcio Andrade Weber to its board of directors.

The names are part of an internal solution by the government, which did not find people from the private sector willing to fill the posts amid pressure from President Jair Bolsonaro on fuel prices.

José Mauro Coelho (Foto: Valter Campanato/Agência Brasil) - Agência Brasil

Coelho is on the board of a state-owned company, PPSA (Pré-Sal Petróleo S.A.), and Weber is on the current board of the oil company itself.

The presidential nominee was a civil servant for 14 years, holds a degree in industrial chemistry, a master's degree in materials engineering from IME (Instituto Militar de Engenharia) and a doctorate in energy planning from UFRJ (Federal University of Rio de Janeiro).

A civil engineer, Weber is a director of the company Petroserv and worked for 16 years at Petrobras

Both need to be approved by the Petrobras meeting, scheduled for the 13th.

Translated by Kiratiana Freelon

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